IMAGIDENT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMAGIDENT
Largest movements
- Receivables within one year +€19,317
up €19,317 (+84.8%), from €22,790 to €42,107
of which Other amounts receivable: +€28,289
- Tangible fixed assets -€4,843
down €4,843 (-2.0%), from €237,458 to €232,615
of which Other tangible fixed assets: -€21,487
- Other debts +€78,355
up €78,355 (+479.0%), from €16,359 to €94,714
- Reserves -€60,000
down €60,000 (-54.1%), from €111,000 to €51,000
of which Distributable reserves: -€60,000
- Trade debts +€18,987
up €18,987 (+130.2%), from €14,577 to €33,564
- Current portion of long-term debt -€10,889
down €10,889 (-28.8%), from €37,866 to €26,977
- Debts after one year -€8,905
no longer reported in 2025 (was €8,905)
- Gross operating margin +€18,531
up €18,531 (+51.9%), from €35,675 to €54,206
- Staff costs +€5,571
new in 2025: €5,571
- Depreciation +€3,693
up €3,693 (+12.6%), from €29,292 to €32,985
- Taxes +€1,715
up €1,715 (+145.1%), from €1,182 to €2,898
- Financial charges -€941
down €941 (-28.4%), from €3,312 to €2,372
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €260,575 | €278,075 | +€17,500 | +6.7% |
| Fixed assets | 21/28 | €237,458 | €235,214 | -€2,243 | -0.9% |
| Intangible fixed assets | 21 | - | €2,599 | +€2,599 | |
| Tangible fixed assets | 22/27 | €237,458 | €232,615 | -€4,843 | -2.0% |
| Land and buildings | 22 | €71,864 | €69,674 | -€2,189 | -3.0% |
| Furniture and vehicles | 24 | €5,980 | €24,813 | +€18,834 | +315.0% |
| Other tangible fixed assets | 26 | €159,614 | €138,127 | -€21,487 | -13.5% |
| Current assets | 29/58 | €23,117 | €42,861 | +€19,743 | +85.4% |
| Amounts receivable within one year | 40/41 | €22,790 | €42,107 | +€19,317 | +84.8% |
| Trade receivables | 40 | €8,972 | - | -€8,972 | |
| Other amounts receivable | 41 | €13,819 | €42,107 | +€28,289 | +204.7% |
| Cash at bank and in hand | 54/58 | €327 | €753 | +€426 | +130.4% |
| Total equity and liabilities | 10/49 | €260,575 | €278,075 | +€17,500 | +6.7% |
| Equity | 10/15 | €163,590 | €112,192 | -€51,398 | -31.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €111,000 | €51,000 | -€60,000 | -54.1% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €110,000 | €50,000 | -€60,000 | -54.5% |
| Profit (loss) carried forward | 14 | €46,390 | €54,992 | +€8,602 | +18.5% |
| Amounts payable | 17/49 | €96,985 | €165,883 | +€68,898 | +71.0% |
| Amounts payable after more than one year | 17 | €8,905 | - | -€8,905 | |
| Financial debts | 170/4 | €8,905 | - | -€8,905 | |
| Amounts payable within one year | 42/48 | €85,371 | €165,883 | +€80,512 | +94.3% |
| Current portion of amounts payable after more than one year | 42 | €37,866 | €26,977 | -€10,889 | -28.8% |
| Financial debts | 43 | €9,811 | €6,598 | -€3,213 | -32.8% |
| Credit institutions | 430/8 | €9,811 | €6,598 | -€3,213 | -32.8% |
| Trade debts | 44 | €14,577 | €33,564 | +€18,987 | +130.2% |
| Suppliers | 440/4 | €14,577 | €33,564 | +€18,987 | +130.2% |
| Taxes, remuneration and social security | 45 | €6,758 | €4,031 | -€2,727 | -40.4% |
| Taxes | 450/3 | €6,758 | €3,900 | -€2,858 | -42.3% |
| Remuneration and social security | 454/9 | - | €131 | +€131 | |
| Other amounts payable | 47/48 | €16,359 | €94,714 | +€78,355 | +479.0% |
| Accrued charges and deferred income | 492/3 | €2,709 | - | -€2,709 | |
| Remuneration, social security and pensions | 62 | - | €5,571 | +€5,571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,292 | €32,985 | +€3,693 | +12.6% |
| Other operating charges | 640/8 | €1,130 | €1,783 | +€653 | +57.8% |
| Gross operating margin | 9900 | €35,675 | €54,206 | +€18,531 | +51.9% |
| Operating profit (loss) | 9901 | €5,253 | €13,868 | +€8,615 | +164.0% |
| Financial income | 75/76B | €3 | €3 | -€1 | -16.7% |
| Recurring financial income | 75 | €3 | €3 | -€1 | -16.7% |
| Financial charges | 65/66B | €3,312 | €2,372 | -€941 | -28.4% |
| Recurring financial charges | 65 | €3,312 | €2,372 | -€941 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €1,944 | €11,499 | +€9,555 | +491.4% |
| Income taxes | 67/77 | €1,182 | €2,898 | +€1,715 | +145.1% |
| Profit (loss) for the period | 9904 | €762 | €8,602 | +€7,840 | +1028.8% |
| Profit (loss) for the period to be appropriated | 9905 | €762 | €8,602 | +€7,840 | +1028.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.